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| Economy |
| US Trade Deficit Hit Nearly $1 Trillion in 2022, Largest on Record |
| 2023-02-08 |
| [Investopedia] The U.S. trade deficit hit a record of almost $1 trillion in 2022, with more than a third of the total coming from trade with China. The annual goods and services trade deficit rose 12.2% to $948.1 billion, the Commerce Department reported Tuesday. The goods deficit jumped 9.3% to $1.19 trillion, while the services surplus declined 0.6% to $243.7 billion.1 The deficit with China was the largest, climbing $29.4 billion to $382.9 billion. It was followed by the European Union (EU) at $203.9 billion, Mexico at $130.6 billion, and Vietnam at $116.1 billion. The U.S. recorded a trade surplus with South and Central America, totaling $76.2 billion, and the Netherlands at $38.3 billion. |
| Posted by:Thruter Gloluger6393 |
| #9 /\ I agree. Prohibit anything from China to be sold at Target and Walmart for 90 days. Rinse & repeat as necessary. If that has no impact, add Lowes and Home Depot. |
| Posted by: Besoeker 2023-02-08 14:37 |
| #8 What gets me is, there's enough stuff in mini-storage units, used furniture stores and flea markets across America to obviate the need for most Chinese imports excepting new electronic crap (which smart people don't buy sourced from China) and brand new throw away plastic crap. |
| Posted by: M. Murcek 2023-02-08 13:18 |
| #7 The fentanyl catastrophy, the massive PLA expansions, the arrogance of every interaction, the Elite Capture strategy, the University Confucius Institute program, massive farmland purchases, industrial espionage on a scale never imagined, academic infiltration, etc. Every bit of it is the result of this! Soft headed foreign policy created the exportation of the American industrial base and the financial wealth they used to build the robust adversary military we are now destined to fight kinetically in the near future. |
| Posted by: NoMoreBS 2023-02-08 12:56 |
| #6 We want to buy a forward facing camera for our new car, Mrs. Ret is having issues judging where the nose is and I am not advocating parking by the Braille method. Anyway, her research turned up several but, upon further review, discovered all were made in China. Looks like back to bump and stop. My paternal grandfather set up a sighting system where my grandmother would look at a reference point in the car and matched it with another reference point outside. She could not drive further in than this. |
| Posted by: badanov 2023-02-08 10:13 |
| #5 A trillion here, and a trillion there, and pretty soon you're talking real money! With apologies to the late Senator Everett McKinley Dirksen. |
| Posted by: Bobby 2023-02-08 09:59 |
| #4 Build it yourself. Rangefinder for Garage Parking |
| Posted by: Skidmark 2023-02-08 09:20 |
| #3 We want to buy a forward facing camera for our new car, Mrs. Ret is having issues judging where the nose is For parking in the garage, try a garage parking laser or a tennis hanging from the ceiling. |
| Posted by: George Thrinter2465 2023-02-08 08:24 |
| #2 I believe Garmin's Asian sourced stuff is made in Taiwan. |
| Posted by: M. Murcek 2023-02-08 07:52 |
| #1 We want to buy a forward facing camera for our new car, Mrs. Ret is having issues judging where the nose is and I am not advocating parking by the Braille method. Anyway, her research turned up several but, upon further review, discovered all were made in China. Looks like back to bump and stop. |
| Posted by: USN, Ret. 2023-02-08 07:50 |